The International Monetary Fund (IMF) has commended Saudi Arabia’s economic reform programme, under the Kingdom’s vision for 2030, which has made considerable progress in launching an ambitious reform agenda while financial control e

The World Bank has announced a $350 million programme to support wide-ranging reforms of financial intermediation in Morocco.
The operation supports new sources of financing for small and medium enterprises (SMEs) while improving

The introduction of excise taxes in Saudi Arabia is likely to bring in annual revenues of SR8-10 billion ($2.1-2.7 billion; 0.35 per cent of GDP), according to government estimates, said a report.
While the 2.5 per cent real estat

Saudi Stock Exchange (Tadawul) has implemented a number of significant changes to enhance efficiency, corporate governance, and transparency.
The reforms are part of the exchange's efforts to further align Saudi capital market

Deloitte recently organised its 10th annual Middle East Tax Conference in Dubait to update practitioners and clients on global and regional tax updates and tools.
The 2017 edition, held on March 22 and 23, aimed to help att

The economic reforms implemented by the UAE is a role model in mitigating the oil price challenges, said Mohammed Alardhi, executive chairman of Investcorp, a leading provider and manager of alternative investment products.
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The current economic reforms in Egypt, in particular the draft investment law and the floatation of the pound, herald a new era for the country and present the time for business expansion and foreign investment, said an industry expert.

Maintaining the GCC’s low gas prices, which are set considerably below international prices, is unsustainable and will create significant problems for the region in the future, according to a recent study by management consultancy Strategy

Saudi Arabia will ease restrictions on foreign investment in its securities markets next month, sooner than previously indicated, in an effort to attract more institutional money into its bourse, the regulator said on Wednesday.
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After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms - a prospect which both pleases and worries businessmen, who wonder how they can finance new projects in an age of a